With the solicitors' professional indemnity renewal date approaching, Jenny Screech, legal professions manager at Zurich Insurance plc, discusses the current PI climate with Legal Week editor-in-chief John Malpas.

In a series of three videos she outlines how she believes the PI market will develop over the next three years and provides practical tips on how firms can get the best possible cover from their insurers.

Solicitors' PI insurance has been a political hot potato within the profession for many years. In April the Solicitors Regulation Authority published the results of a major review into the provision of PI insurance. The report – which contained the decision to extend the life of the highly controversial Assigned Risks Pool – was described by the Association of British Insurers "as a missed opportunity for the long overdue reform which is so badly needed".

In this first video in the series of three, Screech explains the background to the report, outlines its key provisions and explains what she believes it means for the profession.

Click here to view the interview.